Sunday, October 29, 2006

Personal Bankruptcies Down 80%


It appears that the debt-to-income ratio keeps going up. Bankruptcies may be down for now, and the President and Congress may have made personal bankruptcy much more difficult and expensive, but the numbers don't lie. Eventually, something will have to give. Unfortunately, things will probably get worse before they get better.

(thanks to The Big Picture Blog for the chart)

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